Chinese vanadium nitride price increase slow

Date: Oct 22, 2017

BEIJING (Asian Metal) 22 Nov 17 – Current mainstream prices for Chinese vanadium nitride increase to a range of RMB202,000-205,000/t EXW by D/A 180 days, up by around RMB7,000/t from the end of last week.

A producer from South China stated that this week their firm offer for vanadium nitride stood at RMB205,000/t EXW by D/A, up by around RMB7,000/t from last Week. “The price of the material kept increasing during recent two weeks because of rising price of flake vanadium pentoxide 98%min, but began to became stable this week,” said the source, adding that they did not conclude deals this week but sold 10t of the material at RMB 198,000/t EXW by D/A 180 days last week

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